Overview of Nova Minerals' voluntary suspension request

Nova Minerals Limited (ASX: $NVA) has requested a voluntary suspension for its ordinary shares under Listing Rule 17.2, pending the release of an announcement regarding a proposed capital raising. The voluntary suspension is expected to end on Monday, 8 April 2024, when the company anticipates it will be in a position to make the announcement to the market.

Executive commentary on the voluntary suspension request

The Company is not in a position to make an announcement at this time and has therefore requested a voluntary suspension, pending the announcement of the proposed capital raising. The voluntary suspension is expected to be lifted on Monday, 8 April 2024, when the company anticipates it will be able to provide the market with the details of the proposed capital raising.

Summary of Nova Minerals' voluntary suspension and outlook

Nova Minerals Limited (ASX: $NVA) has requested a voluntary suspension from quotation under Listing Rule 17.2, pending the release of an announcement regarding a proposed capital raising. The company expects the voluntary suspension to end on Monday, 8 April 2024, when it anticipates it will be in a position to make the announcement to the market. The purpose of the voluntary suspension is to ensure that the market is informed about the proposed capital raising in a timely manner. Investors and stakeholders should await the lifting of the suspension for further details on the company's capital raising plans.